5522 Clara St, Bell Gardens, CA 90201
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5522 Clara St, Bell Gardens, CA 90201
5522 Clara St, Bell Gardens, CA 90201
5522 Clara St, Bell Gardens, CA 90201
5522 Clara St, Bell Gardens, CA 90201
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$ 2,116,000
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5522 Clara St Bell Gardens, CA 90201

18 Beds

11 Baths

8,298 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,298 sqft

Price per Sqft $255

MLS Listing ID 26993287

Bedrooms 18

Year Built 1987

Lot Size 0.445 Acres

Acres 0.4451

Property Sub-Type Multi-Family

Property Description

Rarely available investment opportunity in Bell Gardens! Built in 1987, this well-maintained multifamily property features 9 permitted 2-bedroom units, including 2 two-story townhouse-style units, plus an on-site manager's unit. Situated on an approximately 19,385 SF lot with approximately 8,298 SF of building area. Based on the 9 legal rental units, current scheduled gross income is approximately $187,734/year ($15,645/month including laundry). At the asking price of $2,116,000, the property offers a 6.36% CAP Rate and 11.45 GRM based on 9-unit rental income, with approximately 40% rental income upside potential. Electrical system upgrades completed, with approximately 24 on-site parking spaces. Conveniently located near the 710 & 5 Freeways, providing easy access to surrounding cities and Los Angeles. Ideal opportunity for investors seeking stable income, value-add potential, and a 1031 Exchange.

Location

State CA

County Los Angeles

Area Bell Gardens, Bell E Of 710, Commerce S Of 26Th

Zoning BGR3*

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s)

Equipment None

Exterior

Parking Features Uncovered, Garage, Side By Side

Garage Spaces 24.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Ivy Realty Co.

Nearby Locations

Cheri' Benjamin

Cheri' Benjamin

+1(404) 965-4080

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5522 Clara St